
TSE:PKI
This summary was created by AI, based on 5 opinions in the last 12 months.
Experts have mixed but generally positive views on Parkland Fuel Corp (PKI-T). The company's acquisition by Sunoco is seen as a strategic move, especially in the current environment influenced by the US-Iran conflict, boosting margins and positioning. Despite some disappointment regarding the acquisition price, analysts suggest approaches such as tendering for cash to reassess the situation post-deal. With shares recently acquired and a solid dividend, some analysts anticipate steady performance moving into 2027, predicting a resurgence in value. The impending closing of the Suncor deal is viewed positively, supporting a price target of $41.50.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news to account for the sell off today. However, out of the past 8 days, the stock has risen 7 days with a total increase of $6 in two weeks. Unlock Premium - Try 5i Free
He owns ATD-B instead, but PKI is a great, profitable company. The dividend will grow and the company is a great buyer of assets and opportunities may lie ahead in the wake of today's Marathon deal.
A big footprint in western Canada and it is a fairly non-cyclical business. The price of oil does not affect them the way you think. When oil prices drop sharply, there is a huge spike in their margins. It is a consolidator. They will be able to do these tuck-in acquisitions. He prefers ATD.B-T but likes this one too.
(A Top Pick Mar 06/19, Up 27%) Management is doing everything they should. They just bought assets in the massive California market as well as in the Caribbean. They leveraged some refining capacity to send fuel to some locations. They buy wholesale that they refine, then sell it at retail--that's the spread they make. Happy to hold this. It's a mini-Couche Tard (ATD'B), but PKI more nimble in making acquisitions and own a refinery.
Great company. Likes it, but prefers Couche-Tard. Has grown nicely. Dividend higher than ATD.B. Both hinge on increasing electrification. Can buy it pretty comfortably here.